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Barack Obama Is Not A Socialist! (nor communist neither)
Posted: Thu Oct 23, 2008 1:17 pm
by Bill Call
Posted: Thu Oct 23, 2008 2:19 pm
by Jim DeVito
I vote we take away Bill's google.

Posted: Thu Oct 23, 2008 2:37 pm
by sharon kinsella
"Don't cry for me Argentina". Is that where you got the other post bill?
Posted: Thu Oct 23, 2008 5:11 pm
by Phil Florian
Does that make you Che, Bill?

Posted: Fri Oct 24, 2008 10:49 am
by Greg Morley
Once again Billo only tells half of the story......
http://taxvox.taxpolicycenter.org/blog/_archives/2008/10/16/3933404.html
We can post URL's to the "n"th degree and what I'm seeing that Both McCain and Obama will cost us TRILLIONS in new spending.
http://www.taxpolicycenter.org/UploadedPDF/411750_updated_candidates_summary.pdf
So a few Trillion more makes one a "whatever will stick".......
http://taxvox.taxpolicycenter.org/blog/_archives/2008/10/21/3940715.html
Posted: Fri Oct 24, 2008 11:56 am
by Bill Call
I'm not a big fan of John McCain.
I designed our company's 401(k) to specifically prohibit withdrawals for any reason but termination of employment.
There are plans to eliminate the 401(k) and replace the it with a mandated loan to the government. The government would force you to loan 5% of your salary to the government. The government would "invest" the money in government bonds (i.e. spend it). At some later date (when you retire) the government would raise taxes or increase borrowing to pay you your money back. Does that sound like a retirement plan or theft?
It is a classic Peronist redistribution plan. The destruction of the Argentinian economy is a class room example of economic policies based on "Share The Wealth". Whose wealth and who determines the share?
Barack Obama is a Peronist, be afraid, be very afraid!
The current market turmoil is the Barack Obama market. Investors fear a redistributionist mentality.
Barack Obama is a redistributionist, be afraid, be very afraid!
Posted: Fri Oct 24, 2008 12:29 pm
by Jeff Endress
Barack Obama is a redistributionist
But Bill, to be fair, any form of tax represents redistribution, does it not? When the poorist of the poor buys a light bulb, we're adding a percentage of the cost as sales tax...taking his money for nothing and giving it to the government to allocate. So, in reality, ANYONE who favors any kind of tax is a redistributionist.....some just want to take it from the top tier and spread it to the bottom and some would rather take it from the bottom and ease the pain of the top tier.....
Jeff
Posted: Fri Oct 24, 2008 12:58 pm
by Charlie Page
Jeff Endress wrote:Barack Obama is a redistributionist
But Bill, to be fair, any form of tax represents redistribution, does it not?
Not altogether true. Spending on such things as defense, salaries and the like is not redistribution (value received for services rendered – insert joke about value received here

). The never ending and always increasing entitlements is redistribution.
A tax hike on the ‘rich’ coupled with tax credits is wealth redistribution. That’s the fallacy of Obama’s plan. It’s not a tax cut, it’s a tax credit. Tax credits are available to anyone, even those 47 million people (by some estimates) who pay no tax at all. You don’t have to have a job, all you have to do is breathe.

You get the credit paid to you when you file your tax return, once a year.
McCain is calling for tax cuts. A tax cut is a reduction of taxes deducted from your paycheck each and every pay period. The catch here is you actually have to pay taxes to get a tax cut.
taxes
Posted: Sat Oct 25, 2008 3:28 am
by ryan costa
Progressive taxes have been raised in times of War. When the War on Terror, War on Crime, War on Drugs, etc., are over....a candidate can legitimately run on a campaign of lowering taxes. Today a candidate cannot legitimately run on a campaign of lowering progressive income taxes.(even though they are already pretty low).
We should also remember that it was the Democrats who first introduced progressive income taxes. They did this to justify their desire to reduce and eliminate tariffs. This was about 100 years ago. Republicans were for tariffs, Democrats were for income taxes.
Today there are no Republicans. There are just big banks that lend money to Mexico and the third world, lose it, then lobby for cobbled together tactics of the Feds loaning them more money in exchange for reduction in trade barriers.
Re: taxes
Posted: Sat Oct 25, 2008 7:10 am
by Bill Call
ryan costa wrote:Today there are no Republicans.
I can usually find a way to disagree with just about anything but not this time. Without a set a of core beliefs a political party is just a cobbliazation of various special interest groups seeking custom made legislation.
Re: taxes
Posted: Sat Oct 25, 2008 7:15 am
by ryan costa
Bill Call wrote:ryan costa wrote:Today there are no Republicans.
I can usually find a way to disagree with just about anything but not this time. Without a set a of core beliefs a political party is just a cobbliazation of various special interest groups seeking custom made legislation.
McCain campaigns with neocon slogans. he tells people in the bottom tax brackets Obama will raise their taxes. And he also promises more free trade deals.
Perhaps the neocons would be less enthusiastic for getting us into wars if they understood it required progressive income taxes.
40 percent of senior citizens rely on social security as their sole source of income. He does not seem to be campaigning on a platform of Euthanasia for the these 40 percent of elderly.
Re: taxes
Posted: Sat Oct 25, 2008 9:00 am
by Stephen Eisel
ryan costa wrote:Bill Call wrote:ryan costa wrote:Today there are no Republicans.
I can usually find a way to disagree with just about anything but not this time. Without a set a of core beliefs a political party is just a cobbliazation of various special interest groups seeking custom made legislation.
McCain campaigns with neocon slogans. he tells people in the bottom tax brackets Obama will raise their taxes. And he also promises more free trade deals.
Perhaps the neocons would be less enthusiastic for getting us into wars if they understood it required progressive income taxes.
40 percent of senior citizens rely on social security as their sole source of income. He does not seem to be campaigning on a platform of Euthanasia for the these 40 percent of elderly.
http://www.youtube.com/watch?v=7PAGLWCh_iA
Re: taxes
Posted: Sat Oct 25, 2008 10:28 am
by ryan costa
Steve Forbes is America's version of the Witch Doctor of a Cargo Cult.